{"id":630284,"date":"2018-04-17T03:54:03","date_gmt":"2018-04-17T03:54:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/unemployment-rate-down-to-11-8\/"},"modified":"2018-04-17T03:54:03","modified_gmt":"2018-04-17T03:54:03","slug":"unemployment-rate-down-to-11-8","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/unemployment-rate-down-to-11-8\/","title":{"rendered":"Unemployment rate down to 11.8%"},"content":{"rendered":"

<\/a> The unemployment rate dropped to 11.8% at the end of 2017 from 12.5% a year earlier<\/strong>, CAPMAS\u2019 quarterly report showed<\/a>. The gap between female unemployment rates and males\u2019 remains high, with the unemployment rate for men registering 8.2% and that for women at 23.1%. Overall, the labor force grew by 1.9% y-o-y to 29.47 mn people, with the participation rate dropping to 45% by 2017\u2019s end, compared to 46.6% in 2016. Youth unemployment rate registered 24.8% as of the end of 2017.<\/p>\n

Where\u2019s the job creation coming from? <\/strong>\u201cIn general, there are very clear improvements in the economy. The questions remain: how broad are these improvements and how many new jobs are being created?\u201d said Pharos Holdings COO Angus Blair tells Reuters<\/a>. \u201cThe PMI Survey has reported that the private sector in Egypt has seen a contraction in non-oil employment for about two years, so the question is where is the rise in employment coming from?\u201d said Blair. Egypt\u2019s PMI has declined for the past 29 months except for one.<\/p>\n","protected":false},"excerpt":{"rendered":"

The unemployment rate dropped to 11.8% at the end of 2017 from 12.5% a year earlier, CAPMAS\u2019 quarterly report showed. The gap between female unemployment rates and males\u2019 remains high, with the unemployment rate for men registering 8.2% and that for women at 23.1%. Overall, the labor force grew by 1.9% y-o-y to 29.47 mn […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630284","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"7cf926ff-17c7-4d51-b0e5-7deb4acbdbd8","order":"0","is_powered_by":true,"section_story_id":"40e47e51-77b9-4b8f-9dd1-c67892c6e8df","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630271],"teaser":"","voice_url":""},"yoast_head":"\nUnemployment rate down to 11.8% - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/unemployment-rate-down-to-11-8\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unemployment rate down to 11.8%\" \/>\n<meta property=\"og:description\" content=\"The unemployment rate dropped to 11.8% at the end of 2017 from 12.5% a year earlier, CAPMAS\u2019 quarterly report showed. The gap between female unemployment rates and males\u2019 remains high, with the unemployment rate for men registering 8.2% and that for women at 23.1%. 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The number of Egyptians counted as unemployed dropped by 64k y-o-y to 3.496 mn with the labour force growing by 651k y-o-y to 29.183 mn. It\u2019s the first time since 2011 that\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625840,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/16\/unemployment-rate-drops-to-9-9-in-2q2018-down-from-10-6-in-1q2018\/","url_meta":{"origin":630284,"position":1},"title":"Unemployment rate drops to 9.9% in 2Q2018, down from 10.6% in 1Q2018","author":"enterpriseam admin","date":"16 August 2018","format":false,"excerpt":"Unemployment dropped to 9.9% in 2Q2018, down from 10.6% in the first quarter of the year, CAPMAS announced in its quarterly report yesterday. The overall labor force decreased 0.5% to 29.0 mn people in 2Q2018, down from 29.2 mn in the previous quarter. While the gap between female and male\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628883,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/16\/unemployment-rate-drops-to-10-6-in-1q2018-from-11-3-a-year-before\/","url_meta":{"origin":630284,"position":2},"title":"Unemployment rate drops to 10.6% in 1Q2018 from 11.3% a year before","author":"enterpriseam admin","date":"16 May 2018","format":false,"excerpt":"Unemployment falls to 10.6% in 1Q2018, down from 11.3% in the comparable period last year, CAPMAS announced in its quarterly report. Overall, the labor force grew slightly by 0.1% y-o-y to 29.2 mn people in 1Q2018. Far more women than men remain unemployed: The unemployment rate for women was 22.0%\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647635,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/16\/unemployment-rate-drops-to-12-0-in-1q2017\/","url_meta":{"origin":630284,"position":3},"title":"Unemployment rate drops to 12.0% in 1Q2017","author":"enterpriseam admin","date":"16 May 2017","format":false,"excerpt":"Unemployment in Egypt has dropped to 12.0% in 1Q2017 from 12.4% a quarter earlier, according to CAPMAS. The labor force increased by 0.3% q-o-q in 1Q2017 to 29.15 mn and the number of those who are unemployed dropped by 2.5% to 3.50 mn in the same quarter. The unemployment rate\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598170,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/16\/egypts-unemployment-rate-falls-to-8-1-in-1q2019\/","url_meta":{"origin":630284,"position":4},"title":"Egypt\u2019s unemployment rate falls to 8.1% in 1Q2019","author":"enterpriseam admin","date":"16 May 2019","format":false,"excerpt":"GOOD NEWS- Unemployment falls for the second quarter in a row: Egypt\u2019s unemployment rate fell to 8.1% in 1Q2019, down from 8.9% in 4Q2018and 10.6% in 1Q2018, the Central Agency for Public Mobilization and Statistics (CAPMAS) said yesterday. This is the second consecutive quarter the country\u2019s unemployment rate has fallen,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642421,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/youth-unemployment-at-26-7\/","url_meta":{"origin":630284,"position":5},"title":"Youth unemployment at 26.7%","author":"enterpriseam admin","date":"14 August 2017","format":false,"excerpt":"Youth unemployment has hit 26.7%, according to a report from CAPMAS on Saturday. Some 37.7% of unemployed young people hold university degrees. Those aged 19-29 make up 23.6% of the population. 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